Could you credit it – 50 years of helping Bandon

Posted on: 6th March, 2014

Category: News

Contributor: Sheila Mullins

On February 24, Bandon Credit Union launched a Programme of Events to celebrate its 50th anniversary to a packed room of well-wishers. Set up by a group of visionaries in 1964, the Credit Union was to serve the community of Bandon, helping individuals and clubs. Something it is still doing today.

Chairman John McCarthy welcomed all in attendance and began by looking back on the motivations and achievements of the founders of the Credit Union. Whilst too many to mention individually, a reception for the founders/founder families, former Directors, volunteers and staff will take place in the credit union premises on May 24 coming.

John spoke on how the Credit Union movement now stands at a crossroads. Having stabilised following the economic crisis, the movement is now looking to the future, focusing on prudent lending, enhancing services using technology based platforms and again becoming the financial services provider of choice for the community of Bandon

While acknowledging that good governance and regulation is vitally important, John commented that the government response to the financial crisis, and in particular the credit union sector, is disproportionate, and called on the public representatives present on the night to address these issues and enable credit unions to conduct their business successfully and responsibly.

Engaging with the community has always been the mission of Bandon Credit Union and John outlined some of the many activities it is involved in that demonstrate this, such as the eCentre, which the credit union established in surplus office space on its premises, in conjunction with Bandon Chamber of Commerce and Cork County Council. Further demonstrating commitment to Bandon, Chris Smith, General Manager of the credit union, presented a cheque for €5,000 to Padraig Hamilton, manager of Hamilton High School, to kick off the school’s fundraising drive for the building of five new classrooms. Supporting education is a top priority for the credit union and the anniversary programme includes an Education Day in March when there will be an official announcement of a new Scholarship Scheme, as well as information on a new Education Loan Package to be offered to third level students.

Always willing to meet and speak to members, Bandon credit union is open to lending where other institutions might not be. Lending is critical to the credit union’s success and they are highly motivated lenders, as General Manager Chris Smith, who was next to the podium, explained.

Launching three new loan packages, exclusive to Bandon Credit Union, Chris expounded the benefits of borrowing from a credit union, including interest rates which in some cases were half those offered by the four ‘pillar’ banks. The credit union also pays insurance on member’s loans so that in the event of a borrower’s death, the family were not further burdened with unpaid debt. This was in addition to the €1,300 paid to all families on the death of a member to help with funeral expenses.

Bandon Credit Union is actively seeking new members and invites the people of Bandon and surrounding areas to drop in, speak to a staff member and find out how the credit union offers much more than any other financial institution.

John then outlined details of other events such as the Community Open Day in June, the exhibition of photos/records and memorabilia in September in conjunction with the Bandon Historical Society, the entrepreneurship forum in November and in conjunction with Bandon Summerfest, a comedy club in July.

Finally John thanked all those that had attended and said he looked forward the seeing all of them more frequently in both the Bandon and Innishannon branches in the weeks and months ahead.

Latest News Articles:

The secrets of stone set to be unlocked at Symposium
Network Ireland West Cork launches Business Woman of the Year 2019 Awards
Backing Businesses, Backing Cork
Crowd of 5,000 people expected to visit Dunmanway for Fleadh Cheoil Chorcaí
Fáilte Ireland announces funding of €194,000 for Festivals and Events in Cork
New ‘Ability’ programme to support young people with disabilities
Call-out to schools to ‘go Fairtrade’
Inspiring mother takes in West Cork on four year charity walk
Third Annual West Cork Bird Race
€160,000 in funding for Béicín Walkway

Join us on Facebook

Thinking of selling your house?
We'll be talking property in our new 'West Cork Property People' section in April. It's all about the people who know...
... See MoreSee Less

22nd March, 2019  ·  

22nd March, 2019  ·  

Welcome home party this Saturday for Clonakilty Special Olympics Gold Medalist Aoife McMahon

The people of Clonakilty are encouraged to come out in large numbers this Saturday afternoon (23rd) to welcome home local Special Olympics athlete Aoife McMahon who won a Gold Medal for Ireland in Table Tennis at the Special Olympics World Games in Abu Dhabi last Sunday.
People are asked to assemble at Fax Bridge roundabout (near Scally's Super Valu) at 2.45pm.
At 3.00pm sharp, Aoife will arrive in an open top car and there will be a parade, led by a piper, through the town centre to Emmet Square.
Here there will be a number of short speeches followed by music to get the party going!
People attending are encouraged to bring along hand-held Irish flags to add to the atmosphere of the occasion and to wave them along the parade route.
Aoife represented Ireland in Table Tennis at the Special Olympics World Games in Abu Dhabi, having qualified through the COPE Foundation structures. She is a client of COPE in her hometown of Clonakilty.
She has also been a member of the Clonakilty Special Olymics Club since its founding in 2005, playing Golf and Basketball. She qualified previously in the Ireland Games in golf representing the club.
... See MoreSee Less

22nd March, 2019  ·  

Fascinating lecture coming up in Clonakilty.....Secrets of the Deep: The Underwater Cultural History of West Cork
by Julianna O'Donoghue and Connie Kelleher
in The Parish Centre, Clonakilty on Thursday Mar 28th 2019 at 8pm.

With the second longest coastline in Ireland, the County of Cork has borne witness to extensive maritime activity throughout time. The preponderance of shipping that passed by or utilised the many ports, harbours and hidden havens along its jagged coastal edge has left its cultural mark in the form of shipwrecks on the seabed. The record for the large quantity of wrecks off Cork's coast is growing all the time as new discoveries are made. The talk will begin by providing an overview of this underwater cultural heritage and how underwater archaeology is identifying, surveying, recording and preserving this finite resource, including detailing the legal requirements that are in place to protect these important wreck sites. It will then focus on a time when piracy and smuggling was in its heyday along the southwest coast, in the early part of the seventeenth century, and provide evidence from two shipwreck sites that may have possible direct links to a time that is only recently revealing its secrets.

Underwater archaeologist Julianna O'Donoghue is director of Mizen Archaeology Ltd., based in Clonakilty in West Cork. Mizen has undertaken a multitude of high profile underwater archaeological surveys and excavations, and has made several important underwater archaeological discoveries. These include the 17th-century Colla Wreck located off Leamcon near Schull in West Cork that could be the possible remains of one of Dutch pirate Captain Claus Campaen's prizes from 1625.

Dr Connie Kelleher is a member of the Underwater Archaeology Unit (UAU), National Monuments Service in the Department of Culture, Heritage and the Gaeltacht. As part of her work she has carried out several shipwreck excavations that has included the remains of a Spanish Armada wreck, a 17th-century possible Cromwellian flagship and a wreck in Dunworley Bay in West Cork that could be directly associated with the Algerine raid on Baltimore in 1631.
... See MoreSee Less

12th March, 2019  ·  

‪Our March issue is out today and we’ve set you a reader’s challenge on the front cover 😂🤦‍♀️. Pick up your copy and email us those numbers - first one out of the bag on Monday will get a €20 book voucher! Info@westcorkpeople.ie‬ ... See MoreSee Less

28th February, 2019  ·  

Jump to:

Top